FOR SALE NNN Industrial - R&D Investment 750 W. VENTURA BLVD. CAMARILLO, CA Mike Catalano 310-444-1066 Craig Newlands 310-444-1020
Savills Studley has been retained as the Exclusive Agent to extend to qualified principals the opportunity to acquire 750 W. Ventura Boulevard, Camarillo CA 93010. In the heart of Southern California, this asset presents a rare opportunity for investors to acquire a property along the Highway 101 corridor. Investment Highlights NATIONAL CREDIT TENANT - EATON CORPORATION PLC (NYSE:ETN) 750 W. Ventura Boulevard, Camarillo, CA 93010 Price: $13,150,000 NOI (Year 1) : $888,000 Cap Rate (Year 1): 6.75% Annual Increases: 2.5% Current Occupancy: 100% Tenant: Eaton Corporation PLC (NYSE:ETN), Tenant Credit: BBB+ to BAA1 Lease Expiration: June 30, 2023 Building Size: 115,878 SF Lot Size: 259,844 SF (5.96 acres) Zoning: LM (Limited Manufacturing) Same tenant has been in this building since it was constructed in 1984 Listing website: www.750wventura.com
FOR SALE 750 W. Ventura Blvd., Camarillo, CA Building Overview Constructed in 1984 ±115,878 square foot, two story building ±259,844 square feet of land (5.96 acres) 254 single parking spaces (2.2/1,000 SF) 1600 amps of power; 277/480 volt; 3p phase, 4-wire 8 truck loading doors - (4) 12 x10, (3)12 x12, (1) 6 x9 24 foot building minimum clear height 101 Fwy Mike Catalano 310-444-1066 N Craig Newlands 310-444-1020
Area Overview Strategically Positioned Viewable from the 101 Freeway in the heart of Camarillo, this property is ideally located to the Camarillo Airport which sits adjacent to 750 W. Ventura Boulevard. Resurging and Growing City Camarillo is a thriving community of over 68,000 in the heart of Ventura County and offers an appealing mixture of rural and suburban lifestyles. Located along the U.S. Highway 101, Camarillo is midway between Los Angeles to the south, and Santa Barbara to the north. The business environment and quality of life are hard to beat in an area with some of the best climate anywhere. Camarillo has also been named one of the Top 100 Best Places to Live by Livability.com, a national website that ranks quality of life amenities of America s small and mid-sized cities. To produce its inaugural list of Top 100 Best Places to Live by Livability.com partnered with Richard Florida s Martin Prosperity Institute. 101 Fwy Camarillo Airport
National Credit Tenant Credit/Stable Income Stream 750 W. Ventura Boulevard is 100% occupied by Eaton Corporation, PLC (NYSE:ETN). Founded in 1911, Eaton Corporation is a multinational power management company, in the United States with corporate headquarters in Dublin, Ireland. Eaton s credit rating is BBB+ to BAA1. The company is a diverse global technology leader in power management solutions that make electrical, hydraulic, and mechanical power operate more efficiently, reliably, safely, and sustainably.
FOR SALE 750 W. Ventura Blvd., Camarillo, CA Mike Catalano 310-444-1066 Craig Newlands 310-444-1020
Listing Brokers Craig Newlands, CCIM, LEED Green Assoc. Managing Director 310-444-1020 cnewlands@savills-studley.com Mike Catalano Executive Vice President, Branch Manager 310-444-1066 mcatalano@savills-studley.com
Disclosure The material contained in this Investment Offering Brochure is furnished solely for the purpose of considering the purchase of 750 W. Ventura Boulevard and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of Savills Studley or Owner, or used for any purpose whatsoever other than the evaluate the possible purchase of the Property. The only party authorized to represent the Property Owner ( Owner ) in connection with the sale of the Property is Savills Studley and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Investment Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to Savills Studley. Neither Savills Studley nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future performance of the Property. This Offering Brochure may include certain statements and estimates by Savills Studley with respect to the projected future performance of the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, Savills Studley and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and recipient of these materials shall not look to Owner or Savills Studley, nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.